Ripple and SEC Seek Pause in XRP Appeal, Signaling Potential Settlement

In a significant development in the long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), the two parties have jointly filed a motion to pause their XRP appeal. This move hints at a possible settlement, marking a potential turning point in a case that has major implications for the cryptocurrency industry. The motion, submitted on April 10, 2025, to the Second Circuit Court of Appeals, reveals that Ripple and the SEC have reached an ’agreement-in-principle’ and are working toward a negotiated resolution. The lawsuit, which began in December 2020, accused Ripple of selling XRP as an unregistered security. Over the years, the case has evolved into a broader debate about the regulatory status of cryptocurrencies. A settlement could provide much-needed clarity for the market and potentially influence XRP’s future price trajectory. As of April 2025, XRP’s price has shown volatility amid the legal uncertainties, with investors closely watching for any signs of resolution. The pause in the appeal process suggests that both parties may be nearing a compromise, though details of the potential settlement remain undisclosed. This development comes at a critical time for Ripple and the broader crypto industry, as regulatory scrutiny continues to intensify globally.

Ripple and SEC File Joint Motion to Pause XRP Appeal

Ripple and the SEC have filed a joint motion to pause their XRP appeal, hinting at a possible settlement. The motion, submitted to the Second Circuit Court of Appeals on April 10, indicates that the two parties have reached an “agreement-in-principle” and are now seeking a negotiated resolution. The XRP lawsuit began in December 2020 when the SEC accused Ripple of selling XRP as an unregistered security. The case has evolved into a broader debate about the classification of cryptocurrencies in the U.S. with Ripple defending XRP as a digital asset, not a security.

XRP Price Prediction Points to Potential Surge

The XRP price currently trades around $2.12, climbing nearly 5% in 24 hours. Analysts are pointing to historical patterns and macro shifts that could set the stage for a surge toward $2.40 in the near term, or even as high as $45 in a more extended bull run. Technical setups signal an imminent breakout, with XRP’s current formation showing classic signs of accumulation near the Point of Control (POC) at $2.40.

Blockchain Expert Questions XRP’s Decentralization

An expert in blockchain technology, Justin Bons, has raised questions about the decentralization of XRP, the cryptocurrency associated with Ripple. Bons claims that the XRP Ledger is centralized and accuses Ripple of straying from decentralization standards. This criticism has sparked a debate about what constitutes a truly decentralized blockchain. Ripple, however, defends its design, emphasizing resilience and efficiency. The ideological clash surrounding XRP could redefine acceptability criteria in the crypto universe.

XRP Breaks Out of Bearish Trend, Eyes Major Rally Toward $10+

XRP rebounds to $2.17 after breaking its 1-day downtrend, gaining 5% in 24 hours. Trading volume spikes 19% as market cap climbs to $126.75 billion. Bullish MACD divergence suggests momentum is building for a major rally. Growing speculation points to a possible move toward the $10 mark. After weeks of downward pressure, Ripple (XRP) has broken free from its bearish trend, reclaiming key technical levels and setting the stage for a potential major rally.